Totals
- Total revenue
- $21,283,802
- Total expenses
- $20,438,119
- Contributions and grants received
- $6,677,287
- Grants paid
- $438,072
- Program service revenue
- $14,549,611
- Investment income
- $16
- Other revenue
- $56,888
- Total assets, end of year
- $149,610,934
- Total liabilities, end of year
- $204,003,604
- Net assets or fund balances, end of year
- -$54,392,670
- Program services expenses (Part IX)
- $18,601,283
- Management and general expenses
- $1,645,436
- Fundraising expenses
- $191,400
- Program service expenses (Part III)
- $18,601,283
Program services were 91.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$638,543
-
1f · All other contributions, gifts and grants
$6,038,744
-
2a · Program service revenue: CMO FEES
total $6,225,979 · related or exempt $6,225,979
-
2b · Program service revenue: CAPITAL LEASE INTEREST
total $4,456,662 · related or exempt $4,456,662
-
2c · Program service revenue: RENTAL FEES
total $3,866,970 · related or exempt $3,866,970
-
3 · Investment income
total $16 · excluded $16
-
11a · Other revenue: REBATES
total $56,888 · excluded $56,888
-
11e · Other revenue, total
$56,888
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $438,072 · program services $438,072
-
5 · Compensation of officers, directors and key employees
total $966,006 · program services $547,814 · management and general $371,186 · fundraising $47,006
-
7 · Other salaries and wages
total $4,881,765 · program services $4,316,470 · management and general $449,145 · fundraising $116,150
-
8 · Pension plan contributions
total $98,812 · program services $82,194 · management and general $13,861 · fundraising $2,757
-
9 · Other employee benefits
total $420,671 · program services $349,922 · management and general $59,012 · fundraising $11,737
-
10 · Payroll taxes
total $452,000 · program services $375,982 · management and general $63,407 · fundraising $12,611
-
11b · Fees: legal
total $226,279 · program services $169,709 · management and general $56,570
-
11c · Fees: accounting
total $104,278 · management and general $104,278
-
11g · Fees: other
total $1,473,202 · program services $1,441,873 · management and general $30,965 · fundraising $364
-
12 · Advertising and promotion
total $466,274 · program services $371,580 · management and general $94,694
-
13 · Office expenses
total $303,435 · program services $260,182 · management and general $43,253
-
14 · Information technology
total $284,076 · program services $214,562 · management and general $69,514
-
16 · Occupancy
total $8,231,755 · program services $8,231,755
-
17 · Travel
total $53,365 · program services $40,138 · management and general $13,227
-
19 · Conferences, conventions and meetings
total $8,784 · program services $6,588 · management and general $2,196
-
20 · Interest
total $46,531 · program services $34,435 · management and general $12,096
-
22 · Depreciation, depletion and amortization
total $852,707 · program services $639,530 · management and general $213,177
-
23 · Insurance
total $62,956 · program services $47,217 · management and general $15,739
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $789,844 · program services $789,844
-
24b · Other expenses: CLASSROOM SUPPLIES
total $131,277 · program services $131,277
-
24c · Other expenses: STAFF DEVELOPMENT
total $130,367 · program services $97,995 · management and general $32,372
-
24d · Other expenses: STAFF RECRUITMENT
total $14,888 · program services $14,144 · management and general $744
-
24e · All other expenses
total $775 · fundraising $775
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,986,670 · end of year $4,486,580
-
2 · Savings and temporary cash investments
beginning of year $1,011,188 · end of year $2,782,154
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $1,388,543
-
9 · Prepaid expenses and deferred charges
beginning of year $333,691 · end of year $117,961
-
10a · Land, buildings and equipment: cost or other basis
$13,916,575
-
10b · Land, buildings and equipment: accumulated depreciation
$4,405,250
-
10c · Land, buildings and equipment, net
beginning of year $5,571,206 · end of year $9,511,325
-
13 · Investments: program-related
beginning of year $15,161,322 · end of year $113,381,980
-
15 · Other assets
beginning of year $3,707,739 · end of year $17,942,391
-
17 · Accounts payable and accrued expenses
beginning of year $724,121 · end of year $1,534,394
-
19 · Deferred revenue
beginning of year $0 · end of year $42,538
-
23 · Secured mortgages and notes payable
beginning of year $2,310,000 · end of year $2,010,000
-
25 · Other liabilities
beginning of year $17,944,997 · end of year $200,416,672
-
27 · Net assets without donor restrictions
beginning of year $10,498,334 · end of year -$55,142,670
-
28 · Net assets with donor restrictions
beginning of year $294,364 · end of year $750,000
Mission and programs · 2022
Mission
TO SUPPORT SCHOOLS, ASSIST IN THE CREATION OF SCHOOLS, AND TO UNDERTAKE OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT.
-
ZETA CHARTER SCHOOLS, INC. BUILDS AND SUPPORTS THE ZETA CHARTER SCHOOLS NYC ("THE SCHOOL") NETWORK OF HIGH PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS. THE NETWORK CURRENTLY HAS FOUR SUBLEASE AGREEMENTS WITH THE SCHOOL.THE ORGANIZATION PROVIDES STARTUP AND ONGOING ACADEMIC, BUSINESS AND DEVELOPMENT SUPPORT TO THE SCHOOLS. THERE ARE APPROXIMATELY 1,752 STUDENTS ENROLLED IN KINDERGARTEN THROUGH FOURTH GRADE AND 262 STUDENTS ENROLLED IN PRE-KINDERGARTEN IN THE NETWORK'S EDUCATIONAL CORPORATION FOR THE 2022-2023 ACADEMIC YEAR.
Expenses $18,601,283 · Grants $438,072 · Revenue $14,549,611
As filed on the 2022 return.
Listed in Part VII
-
Allen ThorpeALLEN THORPE
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Boaz WeinsteinBOAZ WEINSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jenny SedlisJENNY SEDLIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ope BukolaOPE BUKOLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rick SchnallRICK SCHNALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Emily A KimEMILY A KIM
CEO
- Total calculated
- $307,732
- From this org
- $297,923
- From related orgs
- $0
- Other
- $9,809
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $247,923
- Bonus
- $50,000
- Other
- $0
- Deferred
- $8,231
- Nontaxable benefits
- $1,578
- Filer's total
- $307,732
-
Jessica SieJESSICA SIE
CHIEF ACADEMIC OFFICER
- Total calculated
- $215,086
- From this org
- $200,459
- From related orgs
- $0
- Other
- $14,627
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $178,229
- Bonus
- $22,230
- Other
- $0
- Deferred
- $5,042
- Nontaxable benefits
- $9,585
- Filer's total
- $215,086
-
Paola StepanianPAOLA STEPANIAN
MD OF SCHOOLING
- Total calculated
- $196,730
- From this org
- $187,717
- From related orgs
- $0
- Other
- $9,013
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $184,567
- Bonus
- $3,150
- Other
- $0
- Deferred
- $5,650
- Nontaxable benefits
- $3,363
- Filer's total
- $196,730
-
Samreen KhanSAMREEN KHAN
MD OF OPERATIONAL STRATEGY
- Total calculated
- $196,033
- From this org
- $183,737
- From related orgs
- $0
- Other
- $12,296
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $165,537
- Bonus
- $18,200
- Other
- $0
- Deferred
- $5,563
- Nontaxable benefits
- $6,733
- Filer's total
- $196,033
-
Aileen GrayAILEEN GRAY
DIR. OF STRATEGIC IMPACT
- Total calculated
- $152,096
- From this org
- $144,442
- From related orgs
- $0
- Other
- $7,654
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $142,762
- Bonus
- $1,680
- Other
- $0
- Deferred
- $4,370
- Nontaxable benefits
- $3,284
- Filer's total
- $152,096
-
Christopher D'AmatoCHRISTOPHER D'AMATO
DIR. OF OPERATIONAL EXCELLENCE
- Total calculated
- $150,865
- From this org
- $146,260
- From related orgs
- $0
- Other
- $4,605
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $132,240
- Bonus
- $14,020
- Other
- $0
- Deferred
- $4,396
- Nontaxable benefits
- $209
- Filer's total
- $150,865
-
Ryan FinnRYAN FINN
DIR. OF PEOPLE OPERATIONS
- Total calculated
- $140,226
- From this org
- $126,307
- From related orgs
- $0
- Other
- $13,919
- Hours/week
- 50
-
Shea ReederSHEA REEDER
DIR. OF LEADER TALENT OUTREACH
- Total calculated
- $140,654
- From this org
- $125,937
- From related orgs
- $0
- Other
- $14,717
- Hours/week
- 50
-
Varissara Assakul - Dir OfVARISSARA ASSAKUL - DIR OF
RE & GROWTH STRATEGY THRU 2/2023
- Total calculated
- $151,974
- From this org
- $144,246
- From related orgs
- $0
- Other
- $7,728
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $141,726
- Bonus
- $2,520
- Other
- $0
- Deferred
- $4,505
- Nontaxable benefits
- $3,223
- Filer's total
- $151,974
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE ORGANIZATION AWARDED DISCRETIONARY BONUSES TO PERSONS LISTED ON PART VII OF THE 990, AND IS REPORTED IN PART II, COLUMN B(II).
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
ZETA CHARTER SCHOOLS - NEW YORK CITY
$438,072
CSP EXPANSION AND REPLICATION FUNDING
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431369349319903
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.